Recession A Boon For Insurance Groups

Law360, New York (January 13, 2009, 12:00 AM EST) -- Insurance practice groups are certainly feeling the turbulent effects of the recession, but attorneys who represent both insurance companies and policyholders have told Insurance Law360 that they are busier than ever, thanks to an overall uptick in litigation in the past few months.

Attorneys who represent policyholders will likely pay close attention as clients strive to strike a balance between pursuing insurance claims and keeping their checkbooks in check.

Faced with dwindling cash reserves and sluggish business, companies across the board are getting creative about digging...